The next lot is being prepared for sale on ProZorro.Sale - wood (round timber) of the oak species in the amount of 870 logs with a volume of 6044.86 m3. The winner of the competitive selection for the sale of timber was announced by the ARMA selection committee today, on June 6.

In early May, there was announced an online auction in the Prozorro.Sale system for the sale of the seized asset - a car Ford Mustang manufactured in 2017. The Commission selected U.BIZ LLC as the auction organiser, with whom ARMA entered into an agreement. The sale price was UAH 512,100.00. This is another successful example of ARMA selling seized assets through the Prozorro.Sale system.

ARMA continues to actively work on the sale of seized assets to recover the state funds derived from criminal offences. In particular, the next lot to be sold on Prozorro.Sale will be 870 logs of oak wood, which will be sold by the winner of the competitive selection process - Tender Online.

In total, ARMA has more than 1,100 assets for sale today. Competitive selection of legal entities has already been announced for more than over 800 assets. All information is available here:

• Read more about the auction: https://prozorro.sale/
• List of seized assets to be sold: https://arma.gov.ua/page/komisiya-z-pitan-provedennya-konkursnogo-vidboru-yuridichnih-osib-yaki-zdiysnyuyut-realizatsiyu-areshtovanih-aktiviv 

As a reminder, the sale of assets by open and transparent auctions allows the state to maximise the benefits from the sale of seized property and eliminate the risks of corruption and misuse.